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Duplicate of Unit 2: Economic Systems - grade 8 Flashcards | StudBud
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Duplicate of Unit 2: Economic Systems - grade 8
Duplicate of Unit 2: Economic Systems - grade 8
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Grade 8 - UNIT 2 Geograpgy Ontario Curriculum
Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
G.D.P. stands for...
Grand Domestic Products
Gross Domestic Product
Grot Domestic Product
Growth Domestic Products
2
Forestry is an example of ....
Command Industry
Primary Industry
Secondary Industry
Tertiary Industry
3
An example of Primary Industry is....
Bull Riders
Farmers
Packagers
Miners
4
Command Economy is...
none of the above.
when the country's economy depends on their skills.
when supply and demand commands the decisions.
when the government decides and controls the economy.
5
Oil and gas is a ......
solar resource
renewable resource
non-renewable resource
economic resource
6
Canada's Economy is based on a ....
Corporation Economy
Market Economy
Mixed Economy
Secondary Economy
7
No government control, consumer choice, competition based....
Traditional Economy
Command Economy
Traditional Economy
Market Economy
8
Natural Resources come from ...
factories
environment
small companies
small offices
9
The Economic Systems are....
Market, Command, Traditional, Mixed
Traditional, Primary, Secondary, Market
System, Market, Buyers, Entrepreneur
Market, Command, Mixed, Crowne
10
In Canada, the government owns and controls some essential services.
False
True
No.
Sometimes
11
Tertiary Industry is....
Manufacturing a car
Growing corn
The customer
A nurse
12
Economic Systems is....
the way a country depends on their population
the way a country makes their decisions
the way a country decides on currency
the way a country produces, distributes and consumes goods
13
Market Economy is when....
the government makes full decisions on goods
is when all different types on people have decisions
goods produced are based on supply and demand
is when the country grows one type of crop
14
The Economy's Resources are...
land, entrepreneurial, market, mixed economy
primary, secondary, tertiary
labour, capital, tertiary, land
entrepreneurial, land, capital, labour
15
Some examples of Secondary Industries are... (select all that apply)
Factory
Manufacturer
Construction
Retail
16
Traditional Economy....
is when a country is depending on just one type of resource
is when a country make and grow their own food and goods
is when a country meets their needs by buying products
is when a country depends on their taxes to produce goods
